1998 Florida Code
TITLE XL REAL AND PERSONAL PROPERTY
Chapter 705 Lost Or Abandoned Property  
705.18   Disposal of personal property lost or abandoned on university or community college campuses or certain public-use airports; disposition of proceeds from sale thereof.

705.18  Disposal of personal property lost or abandoned on university or community college campuses or certain public-use airports; disposition of proceeds from sale thereof.--

(1)  Whenever any lost or abandoned personal property shall be found on a campus of an institution in the State University System or a campus of a state-supported community college, or on premises owned or controlled by the operator of a public-use airport having regularly scheduled international passenger service, the president of the institution or the president's designee or the director of the airport or the director's designee shall take charge thereof and make a record of the date such property was found. If, within 30 days after such property is found, or a longer period of time as may be deemed appropriate by the president or the director under the circumstances, it is not claimed by the owner, the president or director shall order it sold at public outcry after giving notice of the time and place of sale in a publication of general circulation on the campus of such institution or within the county where the airport is located and written notice to the owner if known. The rightful owner of such property may reclaim same at any time prior to sale.

(2)  All moneys realized from such institution's sale shall be placed in an appropriate fund and used solely for student scholarship and loan purposes. All moneys realized from such sale by an airport, less its costs of storage, transportation, and publication of notice, shall, unless another use is required by federal law, be deposited into the state school fund.

History.--s. 1, ch. 71-75; s. 1, ch. 77-131; s. 62, ch. 96-323; s. 1762, ch. 97-102.